Product Manager, Medical Devices Salary

For Product Manager of Medical Devicess, yearly average wages total $88K annually. Male Product Manager of Medical Devicess are more prevalent than women among those who took the survey — 61 percent of professionals. For the most part, Product Manager of Medical Devicess enjoy their work and report high levels of job satisfaction. Nearly all enjoy medical while most get dental coverage. Vision coverage is also available to a majority. The numbers in this rundown were provided by PayScale's salary survey participants.
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$58,598 - $124,461
$59K
$88K
$120K
MEDIAN: $87,936
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Salary
$58,598 - $124,461  
   
Bonus
$4,877 - $13,702  
Profit Sharing
$4,750  
Commission
$5,087  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$56,171 - $134,910  
Country: United States | Currency: USD | Updated: 4 May 2017 | Individuals Reporting: 51

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Job Description for Product Manager, Medical Devices

A product manager creates strategies and plans to implement medical devices into markets and to market them to appropriate parties. The product manager may oversee a sales and marketing team and may provide them with direction, including giving them tactics and tools in which to promote the products.

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Product Manager, Medical Devices Tasks

  • Lead market research and customer outreach initiatives.
  • Mentor and train staff.
  • Identify markets and potential clients, as well strategies for building relationships.
  • Manage all sales for medical devices, from initial contact to analytics about markets.

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Pay by Experience Level for Product Manager, Medical Devices

Pay by Experience for a Product Manager, Medical Devices has a positive trend. An entry-level Product Manager, Medical Devices with less than 5 years of experience can expect to earn an average total compensation of $84,000 based on 27 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Product Manager, Medical Devices with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $98,000 based on 22 salaries. An experienced Product Manager, Medical Devices which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $120,000 based on 11 salaries. A Product Manager, Medical Devices with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $127,000 based on 11 salaries.

Related Job Salaries

Key Stats for Product Manager, Medical Devices

Gender

Female
39 %
Male
61 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 4 votes.
Less than 1 year
6%
1-4 years
35%
5-9 years
33%
10-19 years
19%
20 years or more
8%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Product Manager, Medical Devices Salaries

Late-Career
▲40%

Experienced
▲32%

Mid-Career
▲8%

National Average
$91,000

Entry-Level
▼8%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 4 votes.

Gender

Female
39 %
Male
61 %

Years of Experience

Less than 1 year
6%
1-4 years
35%
5-9 years
33%
10-19 years
19%
20 years or more
8%

Common Health Benefits

medical benefits
Medical: 97%
dental benefits
Dental: 81%
vision benefits
Vision: 62%
no benefits
None: 3%
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